Prosper petroleum Acceleware and Fort McKay native band Prosper Petroleum and Acceleware have a proposal to test RF heating in a commercial test at the Rigel site. The latest news release only just skims information about this by saying the following:
"The application to proceed with this test is awaiting regulatory approval, the timing of which remains uncertain, Acceleware said on Wednesday."
To really understand what is going on you can read the judges decision published on Canlii.org.
The appeal from the Fort Mckay native band is now before the courts. No director or employee of either company will comment publically while the issue is before the court. As an investor you need to know what is going on . So go to Canlii.org and type into the search field Prosper Fort Mckay and you can read it for yourself. Hold on to your hat while reading it can be quite upsetting. Put in context with Suncor and Fort Mckay solutions. Just google Suncor and Fort Mckay native band for an update on how their relationship has developed into a very lucrative business transaction.
Of great interest is the fact that Acceleware is investigating other sites and companies.
"To accelerate the timeline of the test, the company said it is continuing to speak with several interested producers regarding potential test sites and partnerships."
Conclusion: They are looking at other test sites. Its all good for our investment. Just bought lots more.
Howlong